Economists Hate Cassandras
You've probably seen this already, as I'm so often Late To The Party, but I wanted to share this with the few Friends who might have missed it. This is a set of clips from 2006-2007 of conservative
economic "experts" rudely scoffing at Euro Pacific Capital president Peter Schiff, who repeatedly states that 2008 will see a recession as the economic downturn spread from financials to other areas. (I used to really like Ben Stein when he was an actor and game-show host. Now, the more I see of him, the less I like him. I'm at the "detest" stage now.)
I wonder if any of them would look at this collection and say "Wow, I was SO WRONG! Sorry, Mr. Schiff, for abusing you for your accurate predictions!"
I doubt it. Current Mood: thoughtful